1~(st) domestically-produced polyester staple fiber

摘要

Vietnam's Dinh Vu polyester plant in the northern city of Hai Phong has successfully created the country's 1st batch of domestically-produced polyester fiber (PSF). The plant is worth US$ 325 million and was built jointly by Hyundai Engineering Co LG International Corp., Seoul/Korea and Petro Vietnam Construction Corporation, Hanoi/Vietnam. With capacity to produce 175,000 tons/year, the plant is able to supply around 40% of raw material needed for the Vietnamese textile industry, saving approximately US$ 400 million/year on imports of foreign made fiber, as well as providing jobs to nearly 700 people.